Tag: lending
Income verification startup Payscore raises funding
Payscore, which is automating income verification for property managers and consumer lenders, has secured an undisclosed amount of funding.
World Trade Board opens talks on how to help MSMEs
The World Trade Board has launched a consultation around a new framework that would increase access to trade for micro, small and medium-sized businesses (MSMEs).
Could new PRA legislation put SME lending at risk?
A study by Allica Bank has found plans by the UK Prudential Regulation Authority to change bank capital rules could put £44bn of SME lending at risk.
RBI unveils new guidelines on digital lending
The Reserve Bank of India (RBI) has revealed its new guidelines on the digital lending process in a move to protect borrowers.
New lending law comes into force in New Zealand to protect...
A new responsible lending law has come into effect in New Zealand to protect borrowers and provide them with key lending protections.
The UK’s FCA launches new review of unsecured credit market
The UK’s Financial Conduct Authority (FCA) has launched a review of the future regulation of the unsecured credit market, which could see crackdown on companies
California’s DOB halts lending capabilities of Sezzle after deeming illegal activity
The California Department of Business Oversight (DBO) has denied point-of-sale (POS) lender Sezzle to offer loans after finding it engaged with illegal unlicensed lending.
FCA seeks comments on opportunities of Open Finance
The Financial Conduct Authority (FCA) commenced a Call for Input (CfI) on opportunities created by Open Finance.
Risk management company ARMCO bags investment from New Capital Partners
ARMCO, a risk management platform, has received an investment from private equity firm New Capital Partners.
Landbay forms deal with Mortgage Compliance & Insurance Club
Buy-to-let mortgage lender Landbay has entered a partnership with The Mortgage Compliance & Insurance Club (MCI Club).